Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a hidden gem nestled in the heart of Riverside County, California. Known for its stunning desert landscapes and vibrant community, this region offers a unique blend of tranquility and accessibility, making it an ideal place to call home. With the majestic San Jacinto Mountains as a backdrop, residents enjoy breathtaking views and a plethora of outdoor activities, from hiking and biking to golfing and horseback riding.

Cathedral City North is particularly appealing for those seeking homes with an apartment subtype. These properties provide a versatile living space, perfect for families, professionals, or even as a lucrative investment opportunity. The homes in this area often feature modern amenities, spacious layouts, and beautiful outdoor spaces, allowing residents to enjoy the sunny California climate year-round. With a mix of single-family homes and multi-unit residences, Cathedral City North caters to diverse lifestyles and budgets.

The community is rich in culture and entertainment, with a variety of dining options, shopping centers, and recreational facilities nearby. The vibrant arts scene, highlighted by local galleries and theaters, ensures that there’s always something to engage with. Additionally, the region's strategic location offers easy access to neighboring cities like Palm Springs, where residents can explore even more attractions.

In Cathedral City North, you’ll find not just a house, but a welcoming community that embraces the essence of California living. Whether you’re looking to settle down or invest, this region promises a fulfilling lifestyle amidst stunning natural beauty. Discover your dream home in Cathedral City North today!

Newest Cathedral City North (335) Homes with Apartment Subtype

$1,800,000

PW26156345 MLS ⋅ Active Status

We are pleased to present Bankside Apartments, well-maintained and upgraded 12-unit apartment community located in Cathedral City, CA. The property offers an attractive unit mix consisting of spacious, single-story Studio, 1-bedroom, and 2-bedroom units. Eleven of the twelve units have been thoughtfully renovated with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless sinks, and dual-pane windows. The community features a sparkling swimming pool within a gated courtyard, central heating and air conditioning, an on-site laundry facility, open parking, and all-new electrical panels. Bankside Apartments presents a compelling value-add opportunity with approximately 45% upside in rental income. Through the continued implementation of market rents, a new owner has the potential to significantly increase cash flow and achieve an estimated 8.2% capitalization rate, making this an attractive investment in one of the Coachella Valley’s strongest rental markets.

37250 Bankside Drive, Cathedral City

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